EP 69: Over Asking Offers? Real Pages Anti Trust Case, 10 Year High Inventory in DFW

In this conversation, Tavis and Ashton discuss their upcoming trips and current real estate projects. They talk about the importance of getting enough sleep and planning ahead for travel. Ashton shares his plans to do an episode with someone else while Tavis is away. They also discuss the progress of their real estate flips and the challenges they face. Ashton talks about a property in Keller that received multiple offers and went over asking price. They also discuss the benefits and challenges of flipping properties and the importance of having multiple streams of income in real estate. In this conversation, Tavis and Ashton discuss various topics including the power of mindset, a market update in the DFW area, the development of a new entertainment venue called Cosm, a lawsuit against RealPage for colluding to raise rents, and the development of a neighborhood around South Fork Ranch. They also mention the importance of video content and encourage listeners to like, subscribe, and share their podcast and YouTube videos.

keywordstravel, sleep, real estate, flips, countertops, floors, financing, cash offers, listing, market, education, stress, routine, income, MLS, new agents, momentum, mindset, market update, DFW area, entertainment venue, Cosm, lawsuit, RealPage, South Fork Ranch, neighborhood development, video content

takeaways

• Getting enough sleep and planning ahead for travel is important to avoid exhaustion.
• Flipping properties can be stressful and it's important to have multiple streams of income.
• Listing a property as improved land can attract more interest and potentially lead to higher offers.
• Having a routine and focusing on traditional real estate deals can provide a steady income while pursuing flips.
• The real estate market can vary in different areas, and it's important to adapt strategies accordingly.
• Education and learning from experiences are valuable in the real estate industry.
• Having a strong network and building relationships with other agents can lead to more opportunities.
• Maintaining momentum and staying active in the market can lead to success in real estate. The power of mindset and how it can impact productivity and success
• A market update in the DFW area, including high inventory levels and average days on the market
• The development of a new entertainment venue called Cosm, which offers immersive experiences
• A lawsuit against RealPage for colluding to raise rents in multiple states
• The development of a high-end neighborhood around South Fork Ranch
• The importance of video content in reaching and engaging with an audience

titles

• Updates on Real Estate Flips and Projects
• The Importance of Sleep and Planning for Travel Harnessing the Power of Mindset
• The Importance of Video Content

Sound Bites

• "Last time we went to Mexico, I was running on 45 minutes of sleep, so I'm trying to avoid that this time."
• "So I know you've got some flips going. You sent me a couple pictures of tile."
• "We ended up getting three offers within 24 hours."
• "What's top of your mind or what you're thinking about is what you start seeing and you start attracting."
• "Quit eating out. Find the best producers and just do more than them. It's a numbers game."
• "We're at a 10 year high on inventory. It's an interesting thing."

Chapters

00:00Planning for Travel

08:53Multiple Offers on a Property

13:12Challenges of Financing and Flipping

16:21The Desire to Flip Properties

19:11The Importance of Multiple Income Streams

24:53Reflecting on Progress and Growth

37:28Introducing Cosm: An Immersive Entertainment Venue

43:05Lawsuit Against RealPage for Rent Price Collusion

46:51Developing a High-End Neighborhood around South Fork Ranch